SF1252

Report requirement on contractors receiving financing from the Housing Finance Agency
Legislative Session 94 (2025-2026)

Related bill: HF1187

AI Generated Summary

The proposed bill (S.F. No. 1252) in Minnesota focuses on housing and requires a report concerning contractors that receive financial assistance from the Housing Finance Agency. The bill outlines that this report must include details about contractors that are veteran-owned small businesses and LGBTQ-owned businesses. Every two years by February 1st, the commissioner needs to submit this report to specific legislative committees, detailing the number and monetary value of contracts and subcontracts awarded to these businesses in the previous year. This initiative aims to enhance transparency and support for minority-owned businesses in the state's housing projects.

Bill text versions

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Actions

DateChamberWhereTypeNameCommittee Name
February 10, 2025SenateActionIntroduction and first reading
February 10, 2025SenateActionReferred toHousing and Homelessness Prevention
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Progress through the legislative process

17%
In Committee

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